My OPTION TRADES..... part 2

Put_Master · Sep 6, 2012

Quote from probe1957:
Seems like a reasonable trade although a lot can happen between now and Jan.
Did you enter the trade without consulting diaoptions? He is the forum tool, as you know. Are you the 14 contracts that have traded?

I tried to consult diaoptions, but I couldn't pry him away from the pic of Sandra Smith from FBN.
Yes, those 14 contracts were mine.

Yes, a lot can happen over the next 4 months. Hence the reason for a strike of $22,.... with a BE of $20.95, and a 25% otm safety cushion.
Plus somewhat reasonable tech support in the $22 area.

probe1957 · Sep 6, 2012

Sandra is hot, no question about that. Personally I have always preferred the intellectual look of SE Cupp.

diaoptions · Sep 6, 2012

Quote from diaoptions:
09-04-12 03:43 PM

660/670/680?

AAPL will more than likely be past $680 this week, maybe even hit $700. Run up to earnings in October.

Just thought I would bump my post. AAPL should close above 680 on Friday.

Free Thinker · Sep 7, 2012

Quote from Put_Master:

Sold puts on $40 JOY for Jan
Credit $1.95
Annualized % return..........13%
otm safety cushion.... 22%
5 year chart shows support $40 - $42
http://finance.yahoo.com/q/bc?s=JOY&t=5y&l=on&z=l&q=b&c=

there is joy in mudville today.

Put_Master · Sep 7, 2012

Quote from Free Thinker:

there is joy in mudville today.

If my JOY put dropped 20% from where it was trading, at the time I initiated the trade, there wouild still be joy with JOY, given my otm safety cushion was 25%. Even more if I considered my BE price.
All my puts are currently above their strikes, but there is still a long way to go for some of them, like this 4 month trade on JOY.
Way to early to be counting my 13% annualized profits.

probe1957 · Sep 7, 2012

Quote from diaoptions:

Just thought I would bump my post. AAPL should close above 680 on Friday.

Why would you bump that? As I recall, that was Atticus' trade. You tool.

diaoptions · Sep 7, 2012

Quote from diaoptions:
09-04-12 03:43 PM

660/670/680?

AAPL will more than likely be past $680 this week, maybe even hit $700. Run up to earnings in October.

$680.44

cdcaveman · Sep 7, 2012

Quote from diaoptions:
Quote from diaoptions:
09-04-12 03:43 PM

660/670/680?

AAPL will more than likely be past $680 this week, maybe even hit $700. Run up to earnings in October
Just thought I would bump my post. AAPL should close above 680 on Friday.

just to let you know if your not actually following and just seeing that your right about your call.. he (atticus) did trade out of that at a profit.. as did I with my flys.. why did you pick 680? cause of OI?

diaoptions · Sep 8, 2012

Quote from cdcaveman:
just to let you know if your not actually following and just seeing that your right about your call.. he (atticus) did trade out of that at a profit.. as did I with my flys.

I follow all threads I post to, and keep any replies brief - but to the point.

Looks like the 660/670/680 fly holders heeded my warning about AAPL breaching the 680 strike and bailed out the following day for a small profit. Thats what this forum is all about - pointing out potential problems with a trade so they can take quick action for a positive outcome.

Quote from cdcaveman:
Why did you pick 680? cause of OI?

Because of the fast approaching AAPL earnings.

probe1957 · Sep 8, 2012

Quote from diaoptions:

heeded my warning

That is hilarious. Do you seriously think anyone here would place a trade based on your advice? With your track record of lying and deceit? What color is the sky in your world?

You tool.